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Real Estate - The Mortgage Encyclopedia: The Authoritative Guide to Mortgage Programs, Practices, Prices and Pitfalls, Second Edition

Description

Book Synopsis: The bestselling one-stop guide to mortgages—updated for the post–housing crisis market! The Mortgage Encyclopedia demystifies all the various mortgage terms, features, and options by offering clear, precise explanations.

Fully updated to address the new realities introduced by the housing crisis of 2007, The Mortgage Encyclopedia provides not just a complete description, but also in-depth discussion of the issues that may affect you, whether you're a homeowner (or homeowner-to-be), real estate agent, loan provider, or attorney. With this handy, comprehensive guide on hand, you have instant access to:

  • Definitions and explanations of common mortgage-related terms, as well as arcane mortgage terminology, listed alphabetically
  • Expert advice on the most pressing issues, such as whether to use a mortgage brokers, the benefits of paying points versus a larger down payment, and the hazards of cosigning a loan
  • The truth about common mortgage myths and misperceptions—and the pitfalls you need to avoid
  • Helpful tables on affordability, interest cost of fixed-rate versus adjustable rate mortgages, and much more

So the next time you ask yourself such questions as “Is this FHA loan right for me?” or “Can I negotiate this fee?” reach for this indispensable guide and get the fast, accurate information you need!

Details

Are you feeling overwhelmed by the complex world of mortgages? Look no further! The Mortgage Encyclopedia is the ultimate guide that will demystify all the confusing terminology, features, and options associated with mortgages. Whether you're a homeowner, real estate agent, loan provider, or attorney, this book is an indispensable resource. With clear explanations and up-to-date information, you'll have everything you need to navigate the post-housing crisis market.

Why waste time trying to decipher mortgage-related terms when you can have instant access to a comprehensive guide? The Mortgage Encyclopedia provides definitions and explanations of both common and arcane mortgage terminology listed alphabetically. No longer will you be left scratching your head when you come across unfamiliar terms.

But this guide doesn't stop at definitions. It also offers expert advice on pressing issues like whether to use a mortgage broker, the benefits of paying points versus a larger down payment, and the hazards of cosigning a loan. With this knowledge in your arsenal, you'll be able to make informed decisions that can potentially save you thousands of dollars.

Don't fall victim to common mortgage myths and misperceptions. The Mortgage Encyclopedia reveals the truth and highlights the pitfalls you need to avoid. Uncover the secrets that lenders don't want you to know and gain the upper hand in your mortgage journey.

Still not convinced? This comprehensive guide also includes helpful tables on affordability and the interest cost of fixed-rate versus adjustable rate mortgages. Armed with these tables, you'll be equipped to make financially savvy decisions that fit your individual circumstances.

So why wait? Don't waste another second searching for reliable mortgage information. Reach for The Mortgage Encyclopedia and get the fast, accurate information you need to confidently make mortgage-related decisions. Take control of your financial future and secure your dream home. Click here to order now!

Disclosure: I get commissions for purchases made through links in this website